Income Tax Law and Practice by V.P. Gaur and D.B. Narang is a standard textbook published by Kalyani Publishers. It is widely used in Indian universities for B.Com, BBA, and professional courses. The book is updated annually to reflect changes in the Income Tax Act, 1961 and the latest Finance Act. Core Subject Matter
Heads of Income: Detailed computation methods for all five heads: Salaries, House Property, Profits and Gains of Business or Profession (PGBP), Capital Gains, and Income from Other Sources. income tax law and practice by v.p. gaur and narang pdf
Chapter: Introduction to Income Tax
2. Set-off and Carry Forward of Losses
The book's longevity—now in its 49th edition—is a testament to its reliability. It is specifically designed to align with the Income Tax Act, 1961, incorporating the latest amendments from yearly Finance Acts. Key features include: Income Tax Law and Practice by V
Comprehensive Coverage: From basic concepts like "Residential Status" to advanced topics like "Capital Gains" and "Corporate Tax Planning". It is widely used in Indian universities for B
Key Features of the Book